XML 139 R127.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Financial Instrument - Risk Management and Fair Value - Additional Information (Detail) $ in Millions |  | 12 Months Ended |
--- | --- | --- | ---
Dec. 31, 2015 USD ($) | Dec. 31, 2017 USD ($) DerivativeInstrument | Dec. 31, 2016 USD ($) | Dec. 31, 2015 USD ($) | Mar. 09, 2016
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Derivative instrument hedging description |  | Short to mid-term hedging (generally three to eighteen months) |  |  |
Mark to market derivative income (expense) |  | $ 2.8 | $ 111.6 | $ (11.6) |
Fair value of derivative contracts |  | 0.0 | $ 2.8 |  |
Foreign exchange gain (loss) |  | $ 11.0 |  |  |
Bottom of range [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Derivative instrument hedging term |  | 3 months |  |  |
Top of range [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Derivative instrument hedging term |  | 18 months |  |  |
Interest rate swap contract [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Number of derivative instrument company entered | DerivativeInstrument |  | 1 |  |  |
Description of impact of hypothetical interest rates on the variable-rate debt and marketable securities |  | If interest rates average 10% less in 2018 than in 2017, the interest income from marketable securities would decrease by approximately $1.4 million and the fair value of the debt would increase by approximately $1.3 million. |  |  |
Average interest rate on derivatives |  | 10.00% |  |  |
Change in interest expense |  | $ 1.4 |  |  |
Increase decrease in fair value of debt |  | $ 1.3 |  |  |
Brazil, Brazil real [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign currency risk revenue |  | 16.50% | 10.10% |  |
Colombia, pesos [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign currency risk revenue |  | 11.40% | 11.80% |  |
Argentina, pesos [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign currency risk revenue |  | 7.80% | 6.80% |  |
Currency risk [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign exchange risk revenue |  | 43.70% |  |  |
Percentage of foreign exchange risk expenses |  | 59.80% |  |  |
Currency risk [member] | Sistema Complementario de Administracion de divisas [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign exchange rate | 13.50 |  |  | 13.50 |
Currency risk [member] | Sistema Complementario de Administracion de divisas [member] | Aeronautical operations [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign exchange rate |  |  |  |  | 13.50
Currency risk [member] | Sistema Marginal de Divisas [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign exchange rate | 198.7 |  |  | 198.7 |
Currency risk [member] | DICOM [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Percentage of foreign exchange rate |  | 3,345.0 | 673.7 |  |
Currency risk [member] | Venezuela [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Foreign exchange gain (loss) | $ 430.2 |  |  |  |
Fuel derivative instruments [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Derivative instrument hypothetical increases percentage |  | 10.00% |  |  |
Fuel derivative instruments [member] | 2018 projection [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Derivative instrument expense increase |  | $ 60.9 |  |  |
Borrowing due through 2025 [member] | Fixed interest rate [member] | Bottom of range [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Fixed interest rates |  | 1.81% | 1.81% |  |
Borrowing due through 2025 [member] | Fixed interest rate [member] | Top of range [member] |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |
Fixed interest rates |  | 5.58% | 5.58% |  |

X
- Definition Derivative instrument expense increases. + References No definition available. + Details
Name: | cpa_DerivativeInstrumentExpenseIncreases
Namespace Prefix: | cpa_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition Derivative instrument hedging term. + References No definition available. + Details
Name: | cpa_DerivativeInstrumentHedgingTerm
Namespace Prefix: | cpa_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Derivative instrument increases percentage. + References No definition available. + Details
Name: | cpa_DerivativeInstrumentIncreasesPercentage
Namespace Prefix: | cpa_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Interest rate on derivative instrument. + References No definition available. + Details
Name: | cpa_InterestRateOnDerivativeInstrument
Namespace Prefix: | cpa_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of derivative instrument entered. + References No definition available. + Details
Name: | cpa_NumberOfDerivativeInstrumentEntered
Namespace Prefix: | cpa_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage of foreign currency risk revenue. + References No definition available. + Details
Name: | cpa_PercentageOfForeignCurrencyRiskRevenue
Namespace Prefix: | cpa_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of foreign exchange risk expenses. + References No definition available. + Details
Name: | cpa_PercentageOfForeignExchangeRiskExpenses
Namespace Prefix: | cpa_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of foreign exchange risk revenue. + References No definition available. + Details
Name: | cpa_PercentageOfForeignExchangeRiskRevenue
Namespace Prefix: | cpa_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_7&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_112_c&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_ClosingForeignExchangeRate
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The fair value of a credit derivative. [Refer: At fair value [member]; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2018-01-01 -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 24G -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_24G_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_CreditDerivativeFairValue
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The description of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2018-01-01 -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 22 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-02&anchor=para_22_b&doctype=Standard&book=B -URIDate 2017-03-09 + Details
Name: | ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2017-01-01 -Section A Statement of cash flows for an entity other than a financial institution -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2017-03-01&anchor=sect_AStatementofcashflowsforanentityotherthanafinancialinstitution&doctype=Illustrative%20Examples -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 21 -IssueDate 2017-01-01 -Paragraph 52 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=21&date=2017-03-01&anchor=para_52_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in the fair value of a credit derivative. [Refer: Credit derivative, fair value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2018-01-01 -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 24G -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_24G_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_IncreaseDecreaseInCreditDerivativeFairValue
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of interest expense on debt instruments issued. [Refer: Interest expense; Debt instruments issued] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_112_c&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_InterestExpenseOnDebtInstrumentsIssued
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The description of method, parameters and assumptions used in preparing a sensitivity analysis, such as value-at-risk, that reflects interdependencies between risk variables (for example, interest rates and exchange rates) and is used to manage financial risks. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 41 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_41_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_MethodsUsedInPreparingSensitivityAnalysisReflectingInterdependenciesBetweenRiskVariables
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of trading income (expense) relating to derivative financial instruments. [Refer: Derivatives [member]; Trading income (expense)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_112_c&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_BRL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_COP
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_ARS
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SeparateManagementEntitiesAxis=cpa_SistemaComplementarioDeAdministracionDeDivisasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=cpa_AeronauticalOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SeparateManagementEntitiesAxis=cpa_SistemaMarginalDeDivisasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SeparateManagementEntitiesAxis=cpa_DICOMMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=country_VE
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialLiabilitiesAxis=cpa_FuelDerivativeInstrumentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfHedgesAxis=cpa_ProjectedPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=cpa_BorrowingDueThroughTwoThousandTwentyFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |